According to Bloomberg’s reporting on Tuesday, OpenAI is preparing a funding round of at least $30 billion that could push the company’s valuation toward roughly $1.4 trillion. Sources familiar with the talks say negotiations are still at an early stage and terms could change.
Bloomberg notes particularly strong demand from investors for the planned financing. The proposed round would serve as a bridge financing solution — providing fresh capital to the company instead of pursuing a public listing.
Sam Altman, CEO of OpenAI, said earlier this month that the company will not go public in 2026 because of concerns related to AI safety. That stance is consistent with the reported plan to seek additional private funding rather than an immediate IPO.
Reuters reported Tuesday that OpenAI’s March funding round raised $122 billion, lifting the company’s valuation to $852 billion at that time. An additional round of at least $30 billion would represent roughly a 65 percent increase in valuation within about half a year.
Reuters also reported that OpenAI’s annualized revenue is approaching $70 billion, a rise of more than 70 percent compared with the start of the third quarter.
The exact progress of the talks, the identities of participating investors and the final terms have not been finalized; sources caution that details may change until agreements are signed.
Why this matters
- A large private financing would further strengthen OpenAI’s financial flexibility and allow it to invest in products and safety work without immediately accessing public markets.
- The rapid revenue growth and high valuation underscore continued investor interest in the AI sector.
Related notes
- The Portfolio AI & Digital Transformation conference on November 26 will address related topics.
- Sources: Bloomberg, Reuters.
An AI assistant contributed to the preparation of this article; the final text was edited and verified by our journalist.
